Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+10.79%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.89%
steady accumulation
Rally response
-21.79%
trims into rallies
when a holding rises +10%+
Top positions · 24
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| VTIVanguard Total Stock Mar | $90M | 80.2% | — | 10.5 yr |
| WFC-PLWells Fargo & Company | $3M | 3.0% | — | 9.3 yr |
| BNDVanguard Total Bond Mark | $3M | 2.6% | — | 7.5 yr |
| — | $3M | 2.5% | — | 0.8 yr |
| BAC-PLBank of America Corporat | $3M | 2.4% | — | 9.3 yr |
| — | $1M | 1.3% | — | 1.0 yr |
| APO-PAApollo Global Management | $1M | 1.2% | — | 2.5 yr |
| SRLNState Street Blackstone | $1M | 0.9% | — | 9.5 yr |
| — | $1M | 0.7% | — | 1.0 yr |
| VGSHVanguard Short-Term Trea | $1M | 0.7% | — | 2.3 yr |
| SOMNThe Southern Company | $1M | 0.7% | — | 0.3 yr |
| BKLNInvesco Senior Loan ETF | $1M | 0.6% | — | 6.5 yr |
| HFROHighland Funds I - Highl | $0M | 0.4% | — | 3.3 yr |
| — | $0M | 0.4% | — | 1.8 yr |
| HYGiShares iBoxx $ High Yie | $0M | 0.4% | — | 6.8 yr |
Portfolio composition (YoY)
Industry mix
Asset Management84.1%-0.8pp$94M
Banks - Diversified5.3%-1.1pp$6M
Unknown5.0%+4.6pp$6M
Asset Management - Bonds3.0%-0.4pp$3M
Asset Management - Income0.8%-0.3pp$1M
Asset Management - Leveraged0.7%-0.1pp$1M
Regulated Electric0.7%-1.6pp$1M
Advertising Agencies0.2%-0.1pp$0M
Broadcasting0.1%-0.0pp$0M
Electrical Equipment & Parts0.1%$0M
Country
US95.0%-4.6pp
Unknown5.0%+4.6pp
Top 5: 90.7% · Top 10: 95.6% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $112M | 24 | +56.78% | +17.59% | +39.19% | +0.00B |
| 2025-12-31 | $123M | 24 | +50.12% | +17.72% | +32.40% | -0.03B |
| 2025-09-30 | $125M | 22 | +25.54% | +17.52% | +8.02% | -0.03B |
| 2025-06-30 | $112M | 22 | +9.39% | +14.94% | -5.55% | +0.01B |
| 2025-03-31 | $104M | 19 | +0.99% | +8.30% | -7.32% | +0.01B |
| 2024-12-31 | $111M | 19 | +6.26% | +24.89% | -18.63% | -0.01B |
| 2024-09-30 | $114M | 21 | +16.04% | +36.04% | -19.99% | -0.02B |
| 2024-06-30 | $113M | 24 | -4.32% | +24.49% | -28.81% | -0.00B |
| 2024-03-31 | $124M | 25 | -5.93% | +29.62% | -35.55% | +0.01B |
| 2023-12-31 | $120M | 27 | -0.83% | +26.18% | -27.01% | -0.02B |
| 2023-09-30 | $122M | 28 | -43.76% | +21.57% | -65.33% | -0.03B |
| 2023-06-30 | $154M | 31 | -48.60% | +19.42% | -68.03% | +0.02B |
| 2023-03-31 | $147M | 29 | -72.78% | -7.82% | -64.96% | +0.01B |
| 2022-12-31 | $140M | 31 | -35.89% | +7.56% | -43.45% | +0.05B |
| 2022-09-30 | $137M | 32 | -10.55% | -4.93% | -5.62% | +0.01B |
| 2022-06-30 | $147M | 34 | -51.04% | -16.11% | -34.93% | +0.06B |